Q1: Insurance premium is payable to Deposit Insurance and Credit Guarantee Corporation AnswerAnswer: Half-yearly Q2: Insured is a person who has AnswerAnswer: Insured his life or goods Q3: Insurer is a person who has AnswerAnswer: Insured his life or goods Q4: Intangible assets include AnswerAnswer: Goodwill, parents and rights and preliminary expenses Q5: Interest on…